What is the future price of Ferrari stock?
RACE Stock 12 Month Forecast Based on 15 Wall Street analysts offering 12 month price targets for Ferrari in the last 3 months. The average price target is $455. The average price target represents a 23. Based on short-term price targets offered by 15 analysts, the average price target for Ferrari comes to $464. The forecasts range from a low of $391.The company forecast net revenue of at least 7. Ferrari targets an adjusted core profit (EBITDA) of at least 3.
Is Ferrari a good stock to invest in?
Ferrari is one of the most consistently positively growing stocks. It almost never has a big downswing like this, tis the reason I asked. Every single projection for the stock is positive. They are not overvalued, they are not undervalued, they consistently have positive earnings reports, and they stay relevant. Over the course of three years, the Ferrari 488 Pista remained the slowest depreciating car, losing just over 5% of its value. It’s clear why so many consider a Ferrari a good investment. Those that appreciate do so significantly, while those that depreciate, depreciate slowly.Ferrari has fallen from being regular podium contenders to often fighting for points. Inconsistent qualifying performances, questionable strategy calls, and fading race pace over a Grand Prix have cost the team valuable results – particularly in a season where the field has been exceptionally close.As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber.
Is Ferrari traded on the NYSE?
Common shares of Ferrari are listed and can be traded under the ticker RACE on both the NYSE and Euronext Milan (previously named Mercato Telematico Azionario, “MTA”). Fiat Chrysler Automobiles N. V. NYSE: FCAU/MI: FCA) (FCA) and its subsidiary Ferrari N. V. Ferrari”) announce today the pricing of Ferrari’s initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.
What are the risks of investing in Ferrari stock?
Economic and regulatory headwinds Ferrari’s ultra-wealthy clientele insulates it from most recessions, but no market is entirely immune. A global slowdown, currency volatility, or geopolitical unrest could dent demand, even at the top of the luxury pyramid. In 2021, the USA was again the largest single-country market for Ferrari but the recovery was strongest in China where sales nearly doubled.This luxury car maker’s stock has worked out well for long-term investors. Ferrari (RACE +0.
Is Ferrari in loss or profit?
Ferrari also reaffirmed its 2025 profit guidance, which had been revised upwards during its Capital Markets Day event on Oct. The automaker said it expects net revenues of at least 7. Ferrari said 2025 net revenue would come in at or exceed 7. Yahoo Finance tabulations.